NGX Benchmark Index Sustains Bullish Sentiment

Chiamaka Okechukwu 

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Gains in 36 equities pushed up the benchmark index of the Nigeria Exchange Group Limited, NGX on Tuesday by 0.09 percent.

 

The second trading session of the week saw the All-Share Index of listed equities  appreciating by a 65.19 basis points, representing a 0.09% increase to close at 72,470.10 higher than the  72,404.91 points recorded on Monday.

 

Similarly, investors gained additional N35 billion on market capitalization, representing a 0.09% increase to close at N39.656 compared to the N39.621 trillion of the previous day.

 

The market sentiment when measured by market breatth was positive with  at a total volume of 411.21 million units of shares that exchanged hands in 6,870 deals.

 

The day’s business ended with 27 stocks on the gainers table relative to 13 losers.

 

INFINITY led the gainer chart for the second day with a closing price of N3.41k per share after gaining 10%. CAVERTON shares also gained 10% to close at N1.76k. NNFM followed with a 9.42% on its share price to close at N42.40k while RTBRISCOE shares made a 9.09% profit to closes at N0.60k.

 

On the other hand, the share price of OMATEK dropped by 10% to close at N0.63k. PRESTIGE followed with a 9.62% loss on its share to close at N0.47k while
ETRANZACT had a 9.60% drop on its share price to close at N5.65k.

 

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